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re: How much of a "cushion" do you leave in your checking account after paying bills
Posted on 6/19/13 at 3:15 pm to Ace Midnight
Posted on 6/19/13 at 3:15 pm to Ace Midnight
quote:
IF you're housing your emergency fund in your checking account (which I don't recommend), you need $1200 to $1300.
Since I have a Chase Freedom to go along with my Chase Sapphire Preferred, I have been thinking of opening a Chase checking account to stash $1,500 into.
Why?
Because if you have a Chase Freedom and a Chase Checking account, you get a 10% bonus on your points every year. $1,500 is the minimum you need to avoid fees on the account. Kinda wondering if its worth it for the money to just sit there being a portion of my emergency fund.
1
Posted on 6/20/13 at 12:01 pm to Teddy Ruxpin
quote:
Because if you have a Chase Freedom and a Chase Checking account, you get a 10% bonus on your points every year. $1,500 is the minimum you need to avoid fees on the account. Kinda wondering if its worth it for the money to just sit there being a portion of my emergency fund.
If you dig around you will find a $200 cash bonus offer on the checking if $1500 balance is maintained for 6-months, or maybe that is because they just like me as a customer.
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